True Colors
30 Sep '25SME
Min. Investment
₹2,17,200
Issue size
₹127.96 Cr
GMP
Locked
Overall subscription: 28.03x
Check allotment status
Expert verdict
IPO dates
23 Sep
Opening
25 Sep
Closing
26 Sep
Allotment
30 Sep
Listing
*Refunds will be initiated on 29 Sep '25
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1200 | ₹2,29,200 |
Subscription (as on 07 November 2025, 06:30 PM)
Overall28.03x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2021|MD: Mr. Sanjay Raghubhai Desai
- True Colors operates in the digital textile printing industry, focusing on both manufacturing and trading activities. The company imports and distributes digital textile printers and also produces and supplies related products. Its business model is built around three main areas: machinery and ink supply, sublimation paper manufacturing and distribution, and digital textile printing.
- The product range includes various types of digital textile printers, such as direct belt inkjet printers, double-sided inkjet printers, sublimation inkjet printers, heat transfer machines, pigment printers, and DTF (Direct to Film/Fabric) printers.
- As part of its operations, the company supplies imported inks to customers who purchase its printers. In addition, it manufactures sublimation paper in a variety of specifications, offering customisable GSM options from 30 to 100 and widths from 36 to 72 inches. In its digital textile printing division, True Colors works with a wide range of fabrics, including natural fibres, such as cotton and silk, as well as viscose and synthetic blends, to meet diverse industry requirements.
Issue Details & Objective
Lot size
600 Shares
Price band
₹181 to 191
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 22.14%
QIB - 36.91%
HNI - 11.13%
Retail - 25.91%
Download DRHP (IPO Doc)FAQs
Should I apply for the True Colors IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of True Colors IPO?
The issue size of True Colors IPO is ₹127.96 Cr
What are the open and close dates for True Colors IPO?
The True Colors IPO will be open for applications from 23 Sep '25 to 25 Sep '25
What is the lot size and minimum order quantity of True Colors IPO?
The lot size of True Colors IPO is 600 Shares and its minimum investment amount is ₹2,17,200.
What is the GMP value of True Colors IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for True Colors IPO is 23.56
